Economic Development: Adeosun seeks support for Nigeria, West Africa

The Minister of Finance, Mrs Kemi Adeosun on Tuesday called for additional technical and institutional support from the Africa Regional Technical Assistance Centre West 2 (AFRITAC West 2) for West African countries.

Adeosun said this in a statement issued by Mr Oluyinka Akintunde, her Special Adviser on Media and Communications.

The statement said Adeosun spoke at the sixth Steering Committee meeting of the IMF –AFRITAC West 2 in Abuja.

The minister said the provision of more technical and institutional support for West African countries would impact significantly on capacity development within the region.

“The ability to mobilise resources and build institutions with the capabilities to allocate them effectively, is the foundation of a strong economic management engine.

“The transfer of these technical capabilities and emergence of stronger institutions will increase the economic resilience of member-countries.

“These countries will have the technical capability to successfully and independently manage their economies to effectively deliver on critical development imperatives,’’ he said.